Originally Posted by
fasteddie800
Understood that having a huge cash pile comes with it's own issues.
However, UA had 8.7 Billion in stock buybacks over the past six years. I'm not a finance expert, but couldn't that capital been better utilized elsewhere? If not just sitting in the bank, how about paying off aircraft? Or changing aircraft leases to outright purchases?
The name of the game is maximizing shareholder wealth, not making sound long term business decisions.